today's key takeaways
as of December 26, 2025, 8:00 AM, the global cryptocurrency markets continue to trade sideways with no clear direction after the Christmas holiday. bitcoin is trading at $128.93 million upbeat, down a modest 0.24% from the previous day, while Ethereum is down 1.15% at $4.29 million. the major altcoins are also mostly weaker, with Bitcoin Cash being the outlier with a 3.58% gain.
buy recommendation score breakdown
asset Class current Score interpretation cryptocurrencies -0.77 bearish watch recommended stock Market +3.25 maintaining upward momentumthe cryptocurrency buy recommendation score is -0.77, which has been fluctuating between -0.65 and -1.44 over the past 24 hours, moving in negative territory across the board. this suggests a cautious wait-and-see rather than aggressive buying at this point.
major coin price breakdown (as of Ubit)
rank coin current Price percentage change transaction Value 1 bCH 1,932,000,000 KRW -0.24 kRW 795 billion 2 ethereum kRW 4,296,000 -1.15 kRW 77.9 billion 3 ripple 2,717 KRW -1.09 kRW 157 billion 4 solana kRW 178,900 -1.05 kRW 36.2 billion 5 dogecoin 178,900 -3.68 20 billion KRW 6 dogecoin kRW 510 -3.04 16.4 billion won 7 bitcoin Cash 869,000 KRW +3.58 10 billionripple is the most active cryptocurrency, with a daily trading volume of KRW157 billion, outpacing Bitcoin and Ethereum. dogecoin and Ada are the biggest losers in the bear market, down 3.68% and 3.04% respectively.
technical analysis
RSI (Relative Strength Index) Analysis
bitcoin's RSI is currently nearing the oversold zone. news analysis suggests that it is "historically oversold," which is a sign that a technical bounce is possible in the near term. however, oversold conditions don't necessarily mean an immediate uptrend, and patterns of further declines followed by a bounce are also common.
MACD (Moving Average Convergence Divergence) analysis
The MACD indicator is currently maintaining a bearish signal. a MACD histogram moving below the signal line indicates that the downtrend is continuing. however, the size of the black bars on the histogram is gradually decreasing, which is a sign of weakening downward momentum.
bollinger Bands analysis
the Bitcoin price is located at the lower part of the Bollinger Bands. it is showing a squeeze, where the width of the band is shrinking, suggesting that a large volatility could occur soon. the direction is open to both upwards and downwards, but considering the current news flow and market sentiment, the downward pressure is more dominant.
moving Average Line Analysis
the short-term moving average (20-day) is below the medium and long-term moving averages (50-day and 200-day), which technically creates a bearish formation. in the case of Sivainu, there were news reports of a "dead cross" emerging, which could be interpreted as a sign of further decline.
on-chain analysis
changes in exchange holdings
in the news, changes in exchange holdings of major coins have been in the spotlight. in the case of Ripple, exchange holdings have been declining, suggesting that selling pressure is easing and raising expectations of a rebound. on the other hand, there are concerns that Mt. Gox's Bitcoin unloading could increase year-end volatility.
the whale move
"Bitcoin Whales Stretch for 8 Years...Realize $3,000 Profit," read the news. the selling of long-term holdings by whales is likely to increase supply pressure in the short term. There is also news of "10-year sleeping whale makes massive Ethereum move," adding to the year-end market nervousness.
miner trends
vanEck released an analysis titled "Miner Capitulation Signals Price Rebound". miner capitulation has historically been seen as a sign of a Bitcoin bottom, which can be interpreted positively in the medium to long term.
investor sentiment and derivatives analysis
crypto Fear & Greed Index (FGI)
the current market sentiment is in the "fear" zone. the phrase "historic oversold" appears in news analysis, indicating that investor sentiment is extremely depressed. binance's Changpeng Zhao emphasized the need for contrarian investing when he wrote "Bitcoin Investing, There's Opportunity in Fear".
funding Rate Analysis
in 24 hours, there was a massive liquidation of $892 million in the crypto leveraged market. the majority of the liquidations were concentrated among investors betting on the upside, with long positions accounting for 78.7% of the total, indicating that the market was still long and overheated, with room for further correction.
options Open Interest
For XRP, there is news that the $23 billion options expiration squeeze is about to end. large option expirations are a source of short-term volatility, so we expect to see some market directional clarity after expiration. in the case of Dogecoin, the open interest collapse has begun, which is being interpreted as a sign that the whales are leaving.
leveraged Position Trends
the last 24 hours of leveraged position liquidation amounted to $122.2 million, with short positions accounting for 78.7% of the total. while this may be a process of the market recovering from a bearish betting frenzy, the overall reduction in leveraged positions reflects market uncertainty.
top News Analysis
positive news
The price of Canton Coin surged on news that the US Depository Trust and Clearing Corporation (DTCC) is considering tokenizing US Treasury bonds. this is a sign of the accelerating adoption of blockchain technology by traditional financial institutions. there were also reports of XRP's best performance in the first year of a Wall Street ETF and positive forecasts for a possible $2 breakout.
negative news
deutsche Bank published a bearish report titled "5 Reasons to Sell Bitcoin Now," which suggested that the "Trump-Fed-AI bombshell" will be a test for Bitcoin in 2026, and that the market is in year-end wait-and-see mode amid weakness in Ripple and Dogecoin.
hacking risk
"Cryptocurrency hack victims, the real culprit is 'mouths,'" according to an analysis. hacking through social engineering is on the rise, and investors need to be more security conscious.
correlation with the US stock market
interestingly, while the U.S. stock market has been enjoying a Santa Claus rally and reaching new all-time highs, the cryptocurrency market has been left out of the loop. we analyzed "Why Bitcoin has been left out of the equity market bull run," and found that the decoupling between traditional financial markets and crypto markets is deepening. while the stock market has a buy recommendation of +3.25, cryptocurrencies have a contrasting score of -0.77.
future Outlook and Investment Strategy
short-term outlook (1-2 weeks)
we are likely to see a continuation of the holiday trading volume decline and leveraged liquidations. bitcoin is likely to test the $87,000 support level, and a break below this level could add further downside pressure.
medium-term outlook (1-3 months)
the outlook for 2026 is polarizing. some experts are predicting a "straight shot to $200,000" while others are warning of a "$40,000 crash scenario". market pundits have even predicted a bull market in 2026, calling it a "decline in a manipulated environment."
investment Strategy Suggestions
with a current buy recommendation score of -0.77, which is in negative territory, a split-buying strategy rather than an aggressive new purchase is appropriate. in particular, buying in small increments at key support levels for Bitcoin and Ethereum, with clear stop losses, is an effective way to manage risk.
conclusion
on December 26, the crypto markets continued to trade mixed after the Christmas holidays. bitcoin is trading sideways around the $128.93 million mark, while most of the major altcoins are weaker. massive leveraged liquidations, whales, and negative news flow are weighing on market sentiment.
however, the entry into oversold territory and miner capitulation signals leave open the possibility of a bottom forming in the medium to long term. rather than getting carried away by short-term volatility, investors are advised to prepare for the upcoming market in 2026 by buying in installments and thorough risk management.